Taylor Roberson, federal policy counsel at consumer advocacy group Center for Responsible Lending, told DW: "One of the most positive aspects of the product has to do with the potential for consumers who pay on time to have that payment history positively recorded on their credit reports. And that's perhaps where the benefits end." Roberson explained how at present, consumers are not rewarded by credit rating agencies for paying BNPL loans on time, partly because these lenders are not required to report their data like other lenders.
